Commodity ratio · live

Wheat Futures to Natural Gas, US Ratio

The wheat futures to natural gas, us ratio is 254.2 Wheat Futures at $714.25 per Ounce divided by Natural Gas, US at $2.81 per Million British Thermal Units.

Prices as of Sep 20, 2026, 8:48 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce
ZW-FUT · USD per Ounce
NG-US · USD per Million British Thermal Units

Wheat Futures to Natural Gas, US ratio

254.2+44.33% / 1Y

1.000 Oz of wheat futures = 254.181 MMBtu of natural gas, us

Inverse (NG-US/ZW-FUT): 0.003934 — one Million British Thermal Units of natural gas, us buys that much wheat futures.

Above its 1 year average. (81th percentile of the last 1 year)

Wheat Futures

$714.25

per Ounce

Natural Gas, US

$2.81

per Million British Thermal Units

Unit basis: USD per Ounce ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas, us per Ounce of wheat futures. Prices as of Sun, 20 Sep 2026 20:48:31 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

1Y average

237.4

median 241.8

1Y low

173.2

Jun 30, 2026

1Y high

274.1

Aug 28, 2026

Normal band

214.6–260.1

mean ± 1 std dev

Deviation from mean

+0.74σ

54 observations

Wheat Futures to Natural Gas, US ratio charts

Pick a range once — it applies to the ZW-FUT/NG-US ratio line, the OHLC candles and the Wheat Futures / Natural Gas, US price chart below.

ZW-FUT/NG-US ratio line

How many MMBtu of Natural Gas, US one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/NG-US ratio candles

Open, high, low and close of the ZW-FUT/NG-US ratio for each period in the last 1Y.

Wheat Futures and Natural Gas, US prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the wheat futures to natural gas, us ratio

Wheat Futures to Natural Gas, US ratio = Wheat Futures price per Ounce ÷ Natural Gas, US price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas, us per Ounce of wheat futures — rather than a plain count.

Worked example, live prices: $714.25 ÷ $2.81 = 254.2. The inverse is 0.003934.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4378.35
2XAGSilver66.28
3WTIOIL-FUTCrude Oil WTI Futures100.30
4BRENTOIL-FUTCrude Oil Brent Futures103.87
5NG-FUTNatural Gas Futures2.91
6PLPlatinum1806.00
7PAPalladium1309.30

Frequently asked questions

What is the wheat futures to natural gas, us ratio today?

The wheat futures to natural gas, us ratio is 254.2 — Wheat Futures at $714.25 per Ounce divided by Natural Gas, US at $2.81 per Million British Thermal Units, from live mid-market prices.

How do you calculate the wheat futures to natural gas, us ratio?

Divide the wheat futures price per Ounce by the natural gas, us price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas, us per Ounce of wheat futures.

What is the inverse of the wheat futures to natural gas, us ratio?

The inverse, natural gas, us to wheat futures, is 0.003934 — how many Ounces of wheat futures one Million British Thermal Units of natural gas, us buys.